As technology advances, data has become an asset, and its protection is paramount. SACCOs, being financial institutions, handle a significant amount of sensitive personal and financial information of their members. This data includes names, contact details, bank account information, and loan records.
In this dynamic landscape, where cyber threats and data breaches pose real risks, implementing robust data protection measures becomes crucial. The Data Protection Act provides a legal framework that safeguards individuals’ privacy rights and ensures the secure handling of their personal information.
At the recently concluded Africa SACCOTech Forum, Oscar Otieno, Director, of the Office of Data Protection Commission gave a presentation on ‘The Data Protection Act Matters to SACCOs in Kenya’.